LondonderrylGlendermotUDerrylChurch of Ireland Charity number NIC104864 Financial Statements Year ending 31 December 2024
LondonderrylGlendemiotUDerrylChurch of Ireland Statement of Financial Activities (Including the Income and Expenditure account) For the period 1st January 2024 to 31st December 2024 Notes 2024 Unrestricted funds (Including Designated Fundsl 2024 Restricted funds 2024 Total funds 2023 Total funds Income and endos*Thents from: Donations and legacies Income from charitable activities.. Grants and donations Raising funds Other Total 131 14) 151 161 102,527 82,694 48,264 233,485 102,527 103,127 48,264 253,918 100,102 89,839 51,860 241,801 20,433 20,433 Expenditure on: Raising funds Charitable aclivrties Other Total 171 18) 19) 385 8,261 385 257,105 51,554 309,044 3,426 207,263 14,728 225,417 248,844 51,554 300,398 Net incomel{expenditure) Movement in Cash and Investments after Adjustments Reconciliation of funds Total fLtnds bfoughl forward Total funds carried fornvard {66,913} 11,787 (55,1261 16,384 65,693 10,528 76,221 7,767 385,332 384,112 2,065 24,380 387,397 408,492 363,246 387,397 {2} The statement of financial activities includes all gains and losses in the year. All incomlng and endowments from and expenditure on from continuing activities.
LondonderrylGlendermottlDerrylChurch of Ireland Balance sheet As at 31st December 2024 2024 2024 Unrestricted Restricted 2024 Total 2023 Total Fixed Assets Tangible Assets Total fixed assets 114} Current Assets Cash at bank and in hand Investments Total current assets 179,472 218,492 397,964 10,528 190,000 218,492 408,492 187,119 200,278 387,397 10,528 Net current assets l {liabilities) 397,964 10,528 408,492 387,397 Total assets less current liabilities 397,964 10,528 408,492 387,397 Creditors: amounts falling due within one year (16) Net assets 397,964 10,528 408,492 387,397 Restricted Funds 115) 10,528 10,528 2,065 Unrestricted Desi nated Funds 60,000 325,332 Unrestricted Funds {17} 397,964 397,964 Total Funds 397,964 10,528 408,492 387,397 I have prepared these accounts in accordance with the books, records, infonnation and explanations supplied to me by LondonderylGlendemiottlDerylChurch of Ireland in conjunction with my independent exarnination on these accounts. The noles at pa s 10 to 14 form part of these accounts Signature... Canon Robert Boyd Rector Date: Signalure............. Mrs Adrienne Edgar 18 kn'L) . Hon Secretary Date..
LondondtrrylGlendemiotVDerrylChurch of Ireland Notes to the accounts For the period 1st January 2024 to 31st December 2024 Accounting Policies 1.1 Accounting convention The financial slalemenls are prepared using appticable aoUntIng 51andard5. 1.2 Fund accountlng un1n¢ted funds are general funds that are available for use at the Trustees dscrelion In furtherance of the objectives ol the charity. Restiicted funds are th(Ee donated for use In a partvIar area orfof splf purposes, the use olwhich is resindeQ lo that area or purpose Designated funds are unreslricled funds sel aside al the discfelion of Ihe Trustees lor specific purposes. 1.3 Compliance vAth accounting standards The financi31 slaiemenis have been prepareo in accordan wilh the new Charily SORP 2015 and the Financial Reporting Standard for Smaller Enlilies IFRS102 efftrve January 20151 and the Companies Act 2006 1.4 Tumover Turnover represents donations recEivable by the chanly. 1.5 Tangible fixed assets and depreciation Tangible fixed asseis are staled al cosl less depreciation. Depreciation h3$ been prov1ded on all langible fixed assets al rates calculated lo write off the cost less e51imaled residual value ol each asset over the expected useful life as follows.. Parish Tred Buildings 1CM)% Siraighl Line Glendermott Parish Church Parish Centre Newbuildings Church Halls Glendermott Glenderrnott Rectory Curate House Newbuilding5 Polylunnel Sexton's House Glendermott £4,179,261 £1,019.748 £1,505.380 £519.693 £242,373 £12,134 £200,050 ToLIl Assets retained lor Parish •ffl Use £7.678,639 Value of Parish Owned Buildings is based on current insurance valuation as at 31st October 2024 .All buildings have teen designated lor parish ownership rjnly 1.6 Income All incoming resources are Included1n the siaiemeni ol financial activities when the charity is enlilled lo Ihe Income, the amouni can be quanlilied with reasonable accuracy and there is sufficient Trrtainly Ihal receipt ol the income is considere(I probable. 1.7 Expendtture Expenditure is recogn15ed once there ig a legal or constructive oNigalion lo make a payment lo a third party, Il Is prObae that sett1emenl will be required and the amount ol the obligation can be measured reliably. 10
LondonderrylGlendermottlDerrylChurch of Ireland Notss lo the accounts Iconlinuedl....... For the period 1st January 2024 to 315t Decembgr 2024 2 Financial perfomiance of the chaity The summary financial perfomwnce ol the charity is". 2024 2024 Restrided Unrestricted 2024 TOTAL 2023 TOTAL Income resour(£s 20.433 233,485 253.918 241,801 20.433 8,646 2,485 3W,396 253.918 309.044 241,801 225,417 Expelldilure on chantabk acti¥ilr&s Nel incoming resour¢e$ Total funds brought forward Movement in Cash ano Investments afterAdjustments 11,787 {66,9131 385,332 65.693 155,1261 387,397 76,221 16,384 363,246 7.767 10.528 Total funds carried Iowdrd 24,380 384.112 408,492 3B7,397 Represented by.. R*lncled InCLe fvnds Unrestricted incom& funds IincludiTrJ DesBnabJ Funds) 24,380 24.380 384,112 408,492 2065 385.332 387,397 384,112 3B4,112 24.380 3 Incorne from donations & legactes 2024 2024 Reslrtded Uniestri¢ted 2024 TOTAL 2023 TOTAL 4 Income from grants and donations 2024 2024 Restricted Unrestricted 2024 TOTAL 2023 TOTAL Bequests onatons Grani Income Freewill Offerin9 PaynEnts by Stsnding Oroer 5.532 507 5,532 507 5,450 346 4,4CK) 60,335 29.571 100,102 64,209 32,279 102,527 64,209 32,279 102.527 5 Income froffl raising fund$ 2024 2024 Restricted Unrestricted 2024 TOTAL 2023 TOTAL Churth & Sunday School Coll&hons Bi5hops'Appeal Burundi Appeal BhopS Appe81 forTuffKey ano Syria 8uilding and Fabric Fund guilding Fund Envelopes Build 3 Church in Burundi Craft Fair Another ChanTr Outreach Centre 3,223 3,223 385 6,248 4,712 933 385 6,248 2,493 10,073 2.275 5.365 1,538 62.450 13.981 4.150 13.981 4,150 1.860 59,480 1,860 73,280 13,800 20,433 82.694 103 127 89,839 6 Income from other lunds 2024 2024 Restricted Unrestricted 2024 TOTAL 2023 TOTAL subscriptns to NeW$tter In Memoriam Rent from Property Invesbnents GiftAil Tax Refund HaeSt Appeal Fund RaIng Events Settlemenl ol Chuich Heabw Claitn 15 17,630 5,482 130 22,807 2.200 15 17.630 5,482 130 22,807 2.200 55 23,110 5,429 125 20.109 1,157 1,875 48264 48,264 51,860
LondonderrylGlenderniottlDerrylChurch of Ireland Notes to the accounts Icontinuedl....... For the period 1st January 2024 to 31 st December 2024 7 Raising funds 2024 2023 Bishops'Appeal Bishop5' Appeal for Turkey and Syria 385 933 2,493 385 3,426 8 Charitable activities 2024 2023 Build a ChLtrch in Burundi Burundi Appeal Church Telephone Curate Expenses Diocesan Levy Eleclricity Glendemiott Rectory Electricity Glendermott Church Electricity Glendemott Halls Electricity Nevhuildings Gas Healing Newbuildings Gas Healing Rectory Insurance Janitorial SupplEs Rales Office Allowance for Clergy Oil Glendemott Church Oil Glenderrnott Halls Organist Remuneration Parish Donations Parish Office Expenses Sexton and Cemetery Expenses Sunday School Expenses Walking Club Expenses Water Rates Another Chance Outfe&h Centre 3,300 4,989 336 1,938 108.643 888 1,001 2,845 637 1,816 768 8,052 63 2,286 884 2.146 2.338 2,488 357 9,051 7,260 308 1,277 105,128 886 1,063 2,064 648 1,033 722 7,678 148 2.171 1.986 3,208 2,256 466 8,801 6,071 600 72 819 55,674 207,263 30 814 97,131 257,105 9 Charitable activitieslothers 2024 2.023 Audil and Payroll costs Bank Fees Building Maintenance and Grounds 3.170 179 48,205 51,554 2.715 186 11,827 14,728
LondonderrylGlendermottlDerrylChurch of Ireland Notes to the accounts {continuedl....... For the period 1st January 2024 to 31st December 2024 10 Analysis of staff costs and trustee remuneration and expen5ÈS 2024 2023 Salaries and wages 21,024 21,024 15,226 15,226 rhe charity Iruslees were not paid or received any olher tenelits in the year12023.' nil) neither re they reimbursed expenses during the year12023'. nil). 11 Staff Numbers The average rnonthly number of full-time equivalent employees lincluding casual and part tsme timel during the year was as follows.. 2024 Number 2023 Number Management and Governance 12 Related paty transactions During the year 2 members of Select Vestry received payments tolalling £7,942.40, 20231£11,586.441. for Sexton and Adminislralive Duties. 13 Corporation Taxation The charity is exernpi from lax on Income and gains falling within section 505 of the Taxes Acl1988 or section 252 of the Taxation of Chafgeable Gains Act 199210 the extent th31 these are applied lo ils charitable objects.
LondonderylGlendem)ottlDerrylChurctt 01 Ireland Notes to the accounts {continuedl... for the period 1st January 2024 to 31st December 2024 Parish Owned Property 14 Tan9ible a$$et$ Total Cost At l January 2024 7,301,435 7,301,435 Revaluation - 31.10.2024 At 31 December 2024 377,204 7,678,639 377,204 7,678,639 reciation At l January 2024 Charge lor year Al 31 December 2024 7,301,435 377,204 7,678,639 7,301,435 377,204 7,678,639 Net book value Al l January 2024 Al 31 December 2024 15 Analysis of net assets between funds General Fund Designated Fund Restricted Fund Total Tangible fixed assets Bank and Cash and Investments 384.112 384,112 24,380 24,380 408,492 408.492 16 Creditors: amounts falling due within one year 2024 2023 17 Analysis of charitable funds Analy$is of movements in unrestricted funds Balance bm Incoming Outgoing Movements Balance clfwd Unreslricled lincluding Designated Funds} 385,332 233,485 300,398 65,693 384,112 Resth'cted 2,065 387,397 20,433 253,918 8,646 309,044 10,528 76.221 24,380 408,492 14